Downsizing in Lasham: What You Would Actually Release
Selling at the £675,000 Lasham average and buying at £472,500 releases about £176,050 after costs. Fees, stamp duty and moving take roughly £26,450 of it.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Selling at the £675,000 Lasham average and buying at £472,500 releases about £176,050 after costs. Fees, stamp duty and moving take roughly £26,450 of it.
Running the downsizing numbers in Lasham
Start with the gap. Selling at £675,000 and buying at 70% of that, £472,500, leaves £202,500 before costs. Costs are the part people underestimate.
Agent fees at 1.5% are £10,125. Stamp duty on the purchase is £13,625. Total £26,450, leaving £176,050 in hand.
Where the sale proceeds go
The commercial page for this town sets out the introduction itself: Equity release in Lasham.
Downsizing against releasing equity
A lifetime mortgage at 65 on the same property would release about £229,500. Downsizing nets £176,050. The difference is that downsizing costs you the house, and equity release costs you the estate.
Over twenty years that £229,500 release grows to roughly £808,677. The downsizing figure does not grow at all, because there is no debt.
The parts of downsizing that are not financial
Council tax follows the property, not the person. Band D in Lasham is £2,251, and a smaller home may sit in a lower band. Check the band before you offer, not after.
Downsizing works best when you are not in a hurry.
What a move within Lasham looks like
The schools families ask about here are St Mary's Bentworth CofE Primary (nearby), Alton secondary schools, Basingstoke schools and Independent schools (Alton, Basingstoke & beyond). 1 local school was rated Good or Outstanding overall at its most recent graded Ofsted inspection. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Lasham to Alton takes about 10 to 15 min drive.
By price, Lasham ranks 24 of the 178 Hampshire locations we cover, at £675,000 against a county average of £535,916. Band D council tax here is £2,251, against an average of £2,319 across the towns we cover in the county.
Is Lasham right to stay in?
Lasham is a very small, deeply rural downland village.
The full local guide covers schools, transport and the market in detail: Lasham property and area guide.
Moving within Hampshire rather than out of it keeps you near family and known services. The average price across the county towns we cover is £535,916, against £675,000 here.
- A quiet, deeply rural village
- Lasham Airfield & a world-famous gliding centre
- Open downland countryside & space
- Alton & Basingstoke (direct to London) a short drive
- Genuine peace & privacy
- High, low-supply prices
- No station, school or shops in the village
- A car is essential for everyday life
- Aircraft activity near an active airfield
- Rural broadband/mobile can vary by address
| Who it suits | Out of five | Why |
|---|---|---|
| First-time buyers | ★☆☆☆☆ | A tiny, high-value, low-supply rural village with almost no starter stock, realistically not an entry point; look to Alton or Basingstoke. |
| Upsizers | ★★★★☆ | Space, countryside and character for buyers wanting a substantial rural home, with Alton and Basingstoke a drive away, when something comes up. |
| Families | ★★★☆☆ | No village school, but strong nearby primaries (Bentworth) and Alton/Basingstoke secondaries; rural, so plan school runs and transport. |
| Commuters | ★★★☆☆ | No village station, but Alton and Basingstoke (both direct to London Waterloo) are a short drive, workable for those happy to drive to the train. |
| Retirees | ★★★☆☆ | Peace, space and community appeal, but it is remote, a car is essential and services are all in the nearby towns. |
Lasham is known locally for Lasham Airfield & gliding. Home of the Lasham Gliding Society, one of the largest gliding centres in the world, and a long-established aircraft maintenance and engineering site; the airfield defines Lasham's distinctive character.
Practical detail for Lasham: the GU34 postcode district, no village station, nearest Alton (direct London Waterloo) or Basingstoke (fast direct) and nearest A and E is Basingstoke & North Hampshire or Winchester (RHCH), a drive; verify with NHS.
Lasham has history behind the price. In Middle Ages, Lasham is recorded as a small farming settlement in the Hampshire downland, served by its parish church.
Lasham at a glance
| Downsizing line | Lasham figure |
|---|---|
| Sale price, local average | £675,000 |
| Purchase at 70% of value | £472,500 |
| Estate agent at 1.5% | £10,125 |
| Stamp duty on purchase | £13,625 |
| Legal and moving | £2,700 |
| Total costs | £26,450 |
| Net released | £176,050 |
| Lifetime mortgage alternative at 65 | £229,500 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about Lasham
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- A real valuation of your home, not the £675,000 average
- The council tax band of the property you are buying
- Total moving costs of about £26,450
- The equity release comparison, in writing, before you decide
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Check broadband before you make an offer in Lasham
Broadband speeds can vary street by street in Lasham, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
We can introduce you to a specialist who can combine your mobile, broadband and utilities into one bill. There's no fee for the introduction.
We don't provide these services ourselves. Switching household bills is not a regulated financial service, so FCA protections and the Financial Ombudsman do not apply. We'll only pass your details to the specialist if you ask us to. See our privacy notice.
Questions people ask
How much would I release by downsizing in Lasham?
Is downsizing better than equity release?
What are the costs of moving?
How do I check broadband speed at a property in Lasham?
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